Investments

Investments
Lunchr Raises $34M As It Goes After Meal Voucher Market
February 05, 2019

Lunchr, the French startup going after the corporate meal voucher market, has raised $34 million in venture funding. According to a report, the startup raised the money in a round that was led by Index Ventures. Other investors that participated in the round include Daphni,...

Investments
CoverHound Raises $58M For Expansion Of Insurance Platform
February 05, 2019

CoverHound, the online property and casualty insurance platform operator, announced Tuesday (Feb. 5) that it raised $58 million in venture funding. In a press release, the San Francisco startup that has sold more than 200,000 policies online said the Series D funding round was led...

Investments
Slack Skips IPO; Plans Direct Listing
February 04, 2019

Slack, a popular workplace messaging app, said it has confidentially filed with regulators in the United States to list its shares, according to a report from Bloomberg. Though it didn’t share details of its plans on Monday (Feb. 4), the company said it was working...

Investments
FinTech Bud’s Funding Shows Big-Bank Coopetition Motives
February 04, 2019

Bud, a FinTech startup based in the United Kingdom, said Monday (Feb. 4) that it has grabbed $20 million in funding. This latest round, the company said, was co-led by HSBC and Goldman Sachs. And it comes as a partnership (as, after all, the banks...

Investments
2nd Address Goes After Business Travelers With $10M Investment
February 04, 2019

2nd Address, the startup that is aiming to attract business travelers from Airbnb, has raised $10 million in venture funding. A tech publication, citing the company, reported that the funding round was led by GV, the venture capital arm of Google and Foundation Capital. Other...

Investments
LINE Puts $182M In Digital Payments Biz
February 04, 2019

LINE, the Japanese messaging app, plans to invest 20 billion JPY ($182 million) into its payments business in an effort to grow that area of its operations. According to a report, the capital injection will go to the LINE Pay digital payments unit. LINE said...

Investments
VCs Urge Tech Startups To Spend Less
February 03, 2019

Venture capitalists are reportedly urging startup companies to curb their spending and hold on to more capital as concerns about the volatility in the stock market and the growth of the global economy are starting to worry them. According to a report in The Financial...

Investments
SoftBank Backs Storage Startup Clutter In $250M+ Round
January 31, 2019

On-demand storage startup Clutter is raising between $200 million and $250 million in a funding round led by Softbank, according to a report in TechCrunch. Clutter is a service that packs, takes and returns people’s things all at the click of a button on an...

Investments
Central Group Invests $200M In Local Grab Unit
January 31, 2019

Central Group, Thailand’s largest retailer, confirmed Thursday (January 31) that it is investing $200 million in a unit of Grab, the Southeast Asia ride-hailing startup. According to Reuters, citing a statement by Central Group, the retailer said it will “acquire a significant non-controlling stake” in the...